Green bond
ISSUANCES of green bonds are on a rise. Governments, banks and corporations are issuing them and there seems to be sufficient investor-interest for the debt papers.
Some green bonds are issued to fund specific projects such as waste treatment plants or to build solar farms. Others are being issued with a general focus in mind such as to help organisations reach their sustainability goals.
This week, Hap Seng Consolidated Bhd
issued the first tranche of its green bonds. It is looking at areas such as safeguarding the well-being of employees and their workplace, limiting the impact of its business operations on the environment, and alleviating the economic and social disparities in Malaysia.
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